Reply To: Property crash continues – UK mortgage approvals lowest ever

Spanish Property Insight Forums Spanish Property Forums Spanish Real Estate Chatter Property crash continues – UK mortgage approvals lowest ever Reply To: Property crash continues – UK mortgage approvals lowest ever

#83492
Anonymous
Participant

“260€ a year
bi + basura say 150€”

OK, then it would be 6.77% return. This is better than any ISA.

BUt this only if the rental demand remains the same and if the area does not become ghetto.
Also, if prices declined from 130K to 87K in 3 months, who is to say that they won’t decline further in the next 6 months?